Quarterly history
AUM ($B)fundS&P 500(gap = α)/ Flow in/out
Behavior signals (lifetime)
Dip response
+18.70%
adds when stocks drop
when a holding falls −10%+
Middle response
-4.89%
baseline attrition
Rally response
-28.90%
trims into rallies
when a holding rises +10%+
Top positions · 5
| Ticker | $ value | % port | YoY | Hold time |
|---|---|---|---|---|
| ZIZoomInfo Technologies In | $103M | 33.9% | — | 1.5 yr |
| APPNAppian Corporation | $94M | 31.2% | -16.3% | 0.5 yr |
| NICENICE Ltd. | $74M | 24.5% | -28.5% | 0.5 yr |
| MNDYmonday.com Ltd. | $18M | 5.8% | -71.6% | 0.3 yr |
| DOMODomo, Inc. | $14M | 4.7% | -60.6% | 1.5 yr |
Portfolio composition (YoY)
Industry mix
Software - Application100.0%+48.0pp$303M
Country
US69.7%-6.5pp
IL30.3%
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%
Quarterly history (TTM returns)
| Period | AUM | # Pos | Return (1yr) | SPY (1yr) | Alpha (1yr) | Flow |
|---|---|---|---|---|---|---|
| 2026-03-31 | $303M | 5 | -7.78% | +17.59% | -25.37% | +0.12B |
| 2025-12-31 | $230M | 5 | +7.24% | +17.72% | -10.48% | +0.16B |
| 2025-09-30 | $91M | 4 | +12.75% | +17.52% | -4.77% | -0.19B |
| 2025-06-30 | $227M | 7 | -25.20% | +5.19% | -30.38% | +0.00B |
| 2025-03-31 | $187M | 7 | -49.53% | +3.20% | -52.72% | -0.04B |
| 2024-12-31 | $246M | 8 | -41.29% | +15.84% | -57.13% | +0.20B |
| 2023-09-30 | $54M | 3 | -28.10% | +21.57% | -49.67% | +0.01B |
| 2023-06-30 | $50M | 3 | -26.39% | +19.42% | -45.81% | +0.03B |
| 2023-03-31 | $28M | 2 | -13.02% | -7.82% | -5.20% | -0.21B |
| 2022-12-31 | $218M | 5 | +1.31% | +7.56% | -6.25% | -0.04B |
| 2022-09-30 | $253M | 6 | -16.67% | -4.93% | -11.74% | +0.02B |
| 2022-06-30 | $278M | 7 | -3.34% | -16.11% | +12.77% | +0.10B |
| 2022-03-31 | $184M | 7 | — | — | — | +0.02B |
| 2021-12-31 | $166M | 6 | — | — | — | — |